Ecora Resources PLC Announces Completion of Royalty Sale

Ecora Resources PLC (OTCQX:ECRAF), a critical minerals focused royalty company, has completed the sale of its subsidiary holding a 2% Net Smelter Return royalty over the Dugbe Gold Project in Liberia.

Rhea-AI Summary

Ecora Resources PLC (OTCQX:ECRAF), a critical minerals focused royalty company, has completed the sale of its subsidiary holding a 2% Net Smelter Return royalty over the Dugbe Gold Project in Liberia. The transaction, valued at up to $20.0 million, was executed with a subsidiary of Elemental Altus Royalties Corp.

The company has already received $16.5 million upon completion of the transaction, which was previously announced on September 2, 2025.

Positive

• None.

Negative

• Loss of future revenue stream from 2% NSR royalty over Dugbe Gold Project

Argus Sep 11 session

-0.86% close to close Open Argus

Details

News Market Reaction – ECRAF

On Sep 11, the day this news came out, ECRAF closed 0.86% below the previous close.

Data tracked by StockTitan Argus for the Sep 11 session.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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LONDON, UK / ACCESS Newswire / September 11, 2025 / Further to the announcement on 2 September 2025, Ecora (LSE:ECOR)(TSX:ECOR)(OTCQX:ECRAF) a critical minerals focused royalty company, announces that it has completed the sale of a wholly-owned subsidiary, which holds a 2% Net Smelter Return royalty over the development stage Dugbe Gold Project in Liberia, to a subsidiary of Elemental Altus Royalties Corp. for a total consideration of up to $20.0m (the "Transaction"), with $16.5m having been received on completion.

For further information

Ecora Resources PLC Geoff Callow - Head of Investor Relations	+44 (0) 20 3435 7400
Website:	www.ecora-resources.com
FTI Consulting Sara Powell / Ben Brewerton / Nick Hennis	+44(0) 20 3727 1000 ecoraresources@fticonsulting.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Ecora Resources PLC

View the original press release on ACCESS Newswire

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Ecora Resources (ECRAF) sell in September 2025?

Ecora Resources sold a subsidiary holding a 2% Net Smelter Return royalty over the Dugbe Gold Project in Liberia to Elemental Altus Royalties Corp.

How much did Ecora Resources receive for the Dugbe Gold Project royalty sale?

Ecora Resources received $16.5 million upon completion, with the total transaction value being up to $20.0 million.

When was the Ecora Resources royalty sale transaction completed?

The transaction was completed on September 11, 2025, following the initial announcement made on September 2, 2025.

What is Ecora Resources' main business focus?

Ecora Resources is a critical minerals focused royalty company listed on multiple exchanges including LSE, TSX, and OTCQX.